Residential Escrow Officer
Company | Old Republic International |
---|---|
Location | Cypress, TX, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | |
Experience Level | Mid Level, Senior |
Requirements
- Minimum of three-years of escrow experience.
- Excellent time management skills.
- In-depth knowledge of title insurance policies, endorsements, and title pricing.
- In-depth knowledge of escrow documents, escrow fees and terminology.
- Capable of processing multiple types of transactions (i.e. Residential resale and refinance escrows) without assistance.
- Basic computer skills including proficiency in Microsoft Office Suite and Outlook.
- Ability to work in fast paced environment while successfully performing under extreme time constraints and meets prescribed deadlines.
- Strong attention to detail with excellent organizational skills, with ability to prioritize and handle multiple tasks and projects.
- Ability to act independently with sound judgment and take initiative.
- Written and verbal communications are clear, grammatically correct and business appropriate.
- Actively listens. Is mindful of how body language, gestures and non-verbal communications are perceived.
Responsibilities
- Ability to interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.
- Takes proactive approach to providing status updates for Agents and principals.
- Tasks to Central Processing Unit (CSD-CPU) file requirements. Tasks to branch support staff assigned job duties and file tasks.
- Prepares escrow instructions and supporting documents for signing.
- Balances figures and closing funds, prepares file for disbursement and creates disbursement packages.
- Meets all escrow/title conditions required by lenders and purchase contract.
- Preparation of Seller CD/ALTA/HUD settlement statements detailing the accounting of the transaction in accordance with all state and federal regulatory requirements.
- Verifies and reviews all information in the preliminary report/title commitment while clearing title requirements by researching discrepancies, working with underwriters and title officers to obtain lien releases and clearing any other encumbrances.
- Requests the issuance of title policies or other evidence of title.
- Trains, guides, assigns and reviews the work of one or more escrow assistants.
- Maintains confidentiality of all proprietary information and escrow transactions.
- Collaborates with Sales and Marketing Department to maintain existing customers and generate new business which may include educational presentations both in and outside of the office.
- Ability to foster, develop and maintain professional and collaborative working relationships with staff, clients and customers.
- Must meet open, close and revenue productivity expectations, increase market share.
- Attends industry or real estate functions representing the Company.
- Complies with all state, federal and/or local mandates.
- Continues escrow education either through company seminars/meetings or through outside sources (i.e. Escrow Association).
- Schedules appointments, assembles documents for signing for both inside and outside of the office.
- Conduct signings of documents with customers.
- Uploads all documents in appropriate category in the electronic filing system.
- Documents all conversations relative to each file, this will allow each team member to be informed as to the status of the file.
- Assembles and submits completed Policy Write Up instruction to the Title Department. This includes reviewing all documents to be recorded for accuracy and completeness.
- Prepares funding packages, provide conditions, receipt in funds.
- Assists with training other personnel, guiding them to reach maximum efficiency and production of the branch.
- Complies with Company policies, procedures, Employee Handbook and completes mandatory company compliance training by prescribed deadlines.
- At a minimum, the ability to work from 8a.m. to 5p.m., Monday through Friday.
- Ability to work overtime as requested by management.
- Dependable, reliable and punctual attendance is required, which may include attendance at after-hour company events.
- Ability to accept supervision as well as constructive feedback.
- Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.
- Demonstrates courtesy and professionalism and is proactive and responsive to co-workers and customer needs and expectations.
Preferred Qualifications
- Notary Commission preferred.